Add in a future roof repair and possible water damage from the leak and they really make sense.If I am the one paying the utilities, then I probably would consider a power vented gas/propane water heater in lieu of electric because it makes a difference in my operating expenses.

Hey All,What are your views on buying a house from a flipper that had prior fire damage?

I personally wouldn't do it if its truly major rehab.You could damage their personal possessions with dust, spray, debris etc...They might not have a functional living space and you are responsible.Also, based on my experience, unless its super simple, "shouldn't take more than a day" typically turns into 2,3,4,5 days depending on the age of the home, and sometimes a part just isn't available at the home depot and supply houses are closed on weekends and online expedited order says 48 to 72 hours and you go..."

I mean lazy in the sense of doing physical work such as putting out signs, passing out flyers and knocking on doors.

I'd imagine the first isn't a severe enough change to increase the profitability substantially, the second requires learning a new strategy (and everything that entails), and the third requires learning a new market (and having access to it, physically/logistically and financially).

I haven't set up a solo-401k yet but will be in the near future so now I am learning as much as I can to make sure I don't step into mud without knowing it.I believe based on your post, I really do need to hire a property manager to handle everything from assessment to executing a solution to whatever problem might creep up.My original thinking was as the 401k fund custodian I can't do any physical work but I would be able to take calls from tenants, as well as going there to assess the issue, for the purpose of determining which pro to call in to resolve the issue.However I also know while assessing the issue often time I might end up having to do physical work - such as reaching inside the cabinet to turn off the water valve, or flush the toilet to see what's happening, or opening and closing a window, or even turning on or turning off a light, those are technically all physical work right?

Seems I can't pull up a list online, so do I need to physically go to the Assessor's office and buy a list or....?

She had been giving us a song and dance about the damage and how it happened.

He is in excellent physical shape and looks like a solo flex guy but older.He has another friend that helps him run it.

How do I ensure I am not liable for claims that their property is damaged because of me?